Swing Trades DAX/DOW/NQ/GOLD

NQ FLAT +10.5p last lot

DAX Short re entry from 12.506
Trgt GAP filling (partial)
T1 +11p 2 lot
T2 +20 1 lot
1 running


NQ Short @ 7780
T1 +10p 1 lot
1 running
Trgt GAP filling (partial)
Looks a H&S pattern, but still on the Buy side of my flat Swing MA line


DOW little saclp trades only.
Price between several Weekly POCs and between my Swing MA lines. Bad place to trade
Break out:
above 26.850
below 26.550/500
I'll be there again

DOW short @ 653 MICRO's
T1 +13p 10 lot
10 lot running

Very poor waiting markets

Price remains above the -0.25% and on top of ETH POC

FLAT -10p last lots
+/-BE trade

NQ Long @ 7791

T1 +4p 6 lot
4 running
2 lot exit +2p
2 running
FLAT BE last 2 lot

Crap markets. Alerts/orders set

Done for now.

DOW Long @ 26.686 MICROs

Y GAP closed

T1 +40p 11 lot
10 running
T2 +53p 5 lot
5 running/+20p locked in last lots
3 lot exit +40p
2 lot running
1 lot exit +25p
1 running
FLAT +20p last lot

Trgt +0.25% @ 777

735/740 Res level

NQ Long MICROs @ 7791

T1 +16p 7 lot
3 running
+6p locked in last lots
1 lot exit +14p
2 running
1 lot exit +11p
1 lot running
FLAT +6p last lot

Trgt +0.25%

Price stalls @ Y RTH POC 7804 zone

NQ Long MINI s @ 7800 2 lot
T1 +5p
1 lot running/SL BE

DOW Short @ 649 MINI
T1 +16p 3 lot
2 running
FLAT BE last lot

DOW has no GAP to close below anymore. Keeps hovering in a 100p range Today

NQ Short @ 7778.25 MINI
T1 +7.5p 4 lot
1 running/SL BE
FLAT BE last

Narrow range as well.
Looks building a Bear Flag. Valid as long as the price remains below Y ETH POC/7800 zone.
Don't forget the GAP below to 7725 Fridays High

Hasta La Victoria Siempre!

Fidel Castro


Life/Markets can be simply explained backwards, but you have to live/trade forwards.

Soren Kierkegaard


Have a great evening

DAX Long 519
+30p locked in last lot
+40p locked in last lot
+50p locked in last lot +0.50% hit
+60p locked in last lot
FLAT +70p last lot

Trgt 600
640/650/+1.5% zone (and close Aug 9 last Year)

Looks the US markets want to kiss the rec highs

Price above last Week and this Week POCs but still between my Swing MA lines

DOW long 715 Tuesday before the US close
last 2 lots running
1 lot closed +55p
+40p locked in last lot (below ETH POC)
+60p locked in last lot
+80p locked in last lot
+90p locked in last lot
+100p locked in last lot
+110p locked in last lot @ +0.25% now
FLAT +110p last lot

Trgt 840/860

NQ Long @ 7839

+15p locked in last lot
FLAT +15p close to +0.50%

Trgt +0.50% @ 7860/65

Today USD ADP Non-Farm Employment Change 140K 27K

DOW & NQ have RTH GAPs down again. NQ even 2 GAPs down

DOW could try to reach the 850>900 2 weeks back high

USD Non-Farm Employment Change 162K (last) 75K later Today 1 Hr before US open

Low Employment change will make the FED 50p rate cut
High Employment change will make the FED 25p rate cut

Markets priced in a higher (50p) rate cut. US markets at rec high levels

No volatility because of waiting for the Non Farm number and many traders still have a long weekend.

Trade solution/agreement still faaaaaaaarrrrrrrrrrrrrrrr away

I agree. And, there's a lot more to price in if the market starts believing the Fed will cut rates by 50 bp. This is one of the more anticipated releases we've had in a while. If you're interested I wrote up a preview for it. If you get the time and want to check it out, it's here: US Employment Data - July Preview

Good luck if you decide to trade it. It should be interesting. All the best.

Rate cut from the table???

US markets pull back

NQ Short @ 7860 just below +0.50%

Trgt 7830 Close July 2nd

FLAT +30p last lot. Trgt hit